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Question About Grading

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Pillar of the Community

Canada
933 Posts
 Posted 11/10/2013  9:39 pm Show Profile   Bookmark this topic Add Kman to your friends list Get a Link to this Message Number of Subscribers
I don't understand why any coin except for uncirculated coins would get a details grading whether it being cleaned or damaged, isn't damage all part of being circulated from rim dings to mass wear?
Just a question so don't kill me on it lol
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Night-Hawk's Avatar
United States
1002 Posts
 Posted 11/10/2013  10:52 pm  Show Profile   Bookmark this reply Add Night-Hawk to your friends list Get a Link to this Reply
Technically you are right, all circulated coin carried
around in a pocket were rubbed, bumped or had a polished look at one time.

They are looking for stuff outside the norm. Excessive
damage, wiping, corrosion or "doctoring"..

Example: A 100 year old circ coin shouldn't have a fresh
outside the pocket polished look, it should have a patina.
Otherwise it has probably been messed with recently.
Each circ type coin has a specific "look" collectors desire.

They used to be called ungradable body bagged coins,
now PCGS calls them "genuine", NGC and ANACS call them
"details" ungradable.. They will ballpark it like "AU details - improperly cleaned"..

Here's a list of codes PCS uses:

PCGS Genuine Problem Codes

When PCGS rejects a coin for full grading because it has problems (and therefore slabs it only as Genuine), the code will reveal the primary reason. The list below explains what the codes mean.
•91 Artificially Colored
•92 Cleaned
•93 Planchet (Coin Blank) Flaw
•94 Altered Surface
•95 Scratched or Rim Dented
•97 Environmentally Damaged
•98 Other Damage

PCGS will not encapsulate coins that are judged to have the following issues:
•90 Not Genuine
•99 Active PVC

Code 96 is reserved for items that are completely rejected for service, such as tokens and other non-coin items. PCGS also doesn't holder coins that have plugged holes. More information about the PCGS Genuine program is available on the PCGS Web site.

JMHO

(edited for spelling)
Edited by Night-Hawk
11/10/2013 11:22 pm
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dsfreeworld's Avatar
United States
4337 Posts
 Posted 11/10/2013  10:55 pm  Show Profile   Bookmark this reply Add dsfreeworld to your friends list Get a Link to this Reply
"details" is a generic descriptor IMO

from my personal viewpoint, sure, a coin can get marked up and dinged and some slight gouges as part of normal circulation but when numismatists get involved and rarity comes into play, you have to find a way to allow the cream to rise to the top and designating problems on coins using the descriptor "details" is such a way.

obviously intentional cleaning and manipulation of a coins surfaces are automatically condemned but in some cases "circulation wear" is forgiven unless you're talking a low grade common date where we have all seen wear and tear seal a coins fate due to the mass amount of that date/series available in the market.

Get into true rarities, visa vi 1916-D Winged Liberty Head Dime, and because lower grade examples are more often traded survivors, a few marks will be let go as part of "AG" wear and tear. HOWEVER a cleaned coin would always still get the boot from the true collector even in the lower graded rarities as would severe rim damage. hard gouges etc...

just one mans outlook. great topic
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SsuperDdave's Avatar
United States
23522 Posts
 Posted 11/10/2013  11:43 pm  Show Profile   Bookmark this reply Add SsuperDdave to your friends list Get a Link to this Reply
Cleaning and damage are just as bad from a numismatic standpoint whether the coin is Mint State or circulated. Yes, one generally makes allowances for worn coins, but the standard is still there.
Pillar of the Community
Canada
933 Posts
 Posted 11/10/2013  11:58 pm  Show Profile   Bookmark this reply Add Kman to your friends list Get a Link to this Reply
Thanks,
I do some what understand but, I believe grading should be all the same no matter what the rarity, how can you change standards from coin to coin because there may only be 10 left in the world. Wear is wear and shows the same on all coins from all years. and what happens when a hoard is found, Cause you know one is over due! Lol
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SsuperDdave's Avatar
United States
23522 Posts
 Posted 11/11/2013  12:17 am  Show Profile   Bookmark this reply Add SsuperDdave to your friends list Get a Link to this Reply

Quote:
I do some what understand but, I believe grading should be all the same no matter what the rarity, how can you change standards from coin to coin because there may only be 10 left in the world. Wear is wear and shows the same on all coins from all years. and what happens when a hoard is found, Cause you know one is over due! Lol


I agree with you completely; I won't grade a $100,000 coin any differently than a $100 one. What one *does* do, however, is make allowances for dings and dents on a high VF coin which they might not on a high AU one, y'know?
Pillar of the Community
Canada
933 Posts
 Posted 11/11/2013  12:31 am  Show Profile   Bookmark this reply Add Kman to your friends list Get a Link to this Reply
I agree 100%, except I've seen details added for damage on very low grade which I believe should not appear unless tampered wIth
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SsuperDdave's Avatar
United States
23522 Posts
 Posted 11/11/2013  01:00 am  Show Profile   Bookmark this reply Add SsuperDdave to your friends list Get a Link to this Reply
It's a judgement call. "Did this, in my opinion, happen as a result of normal circulation contact?" Even if so, there's always going to be a threshold past which the coin is "damaged," however it came to be there. Deep scratches, for instance.
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